Bill > A06960

This bill amends the New York Public Service Law to prohibit electric corporations, gas corporations, and utilities from increasing charges to ratepayers as a result of tariffs imposed by the U.S. government on imported goods, services, or materials, or tariffs placed by foreign governments on exports to the United States. In practical terms, this means that if a utility company experiences higher costs due to international trade barriers, they cannot pass those additional expenses on to consumers through rate increases. The bill aims to protect consumers from bearing the financial burden of trade-related tariffs, ensuring that utility rates remain stable even when companies face increased costs due to international trade policies. The legislation would take effect immediately upon enactment, providing immediate protection for utility customers in New York State against potential price increases stemming from tariff-related expenses.

Agriculture and Natural Resources

https://www.nysenate.gov/legislation/bills/2025/A6960